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The Microeconometrics of Corporate Governance

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Financial Microeconometrics

Abstract

This chapter presents topics regarding corporate governance, an assessment of its level for companies, and quantitative research aimed at disclosing associations between corporate governance and firm performance and other company characteristics. The methodology of corporate governance research is mainly microeconometrics. We present several examples of microeconometric studies devoted to corporate governance issues such as female representation on management boards, CEO change, and earnings management. We also discuss corporate governance ratings and indices along with the debate on their use and misuse.

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Notes

  1. 1.

    Investor Responsibility Research Center Institute; since 2018 the John L. Weinberg Center for Corporate Governance at the University of Delaware.

  2. 2.

    See footnote 3 in Chap. 4 on GovernanceMetrics International, Audit Integrity and The Corporate Library.

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Authors and Affiliations

  1. Institute of Econometrics, SGH Warsaw School of Economics, Warsaw, Poland

    Marek Gruszczyński

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  1. Marek Gruszczyński
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Gruszczyński, M. (2020). The Microeconometrics of Corporate Governance. In: Financial Microeconometrics. Springer, Cham. https://doi.org/10.1007/978-3-030-34219-7_5

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